Few assets are worth $1 trillion. Even still, analysts and investors in Bitcoin have long expected the market capitalization of the cryptocurrency to surmount the billions and enter the trillions.As crazy as this may sound, a prominent investment research firm, ARK Invest, in a recent report mentioned three somewhat feasible use cases that could push…
For the longest time, Bitcoin investors have been shooting for the moon, calling for the BTC price to hit lofty price points, like $50,000 and $100,000. The cryptocurrency has the potential to usurp traditional power schema, after all. But, Peter Schiff, a leading gold investor, doesn’t think such appreciation will take place. Related Reading: ‘Discount Bitcoin…
The next 6 months will make or break S2F, the most famous Bitcoin model, says PlanB who popularized the method. The Stock-To-Flow Model The S2F model is a simple method used to predict asset prices. PlanB first posted a chart for Bitcoin based on the technique back in 2019. Here is new chart based on…
PlanB, the popularizer of the Bitcoin stock-to-flow (S2F) model, says the current bull run still has a second leg remaining. PlanB “Awaiting” The Second Leg Of This Bitcoin Bull Market According to PlanB on Twitter, the S2F and S2FX models predict a second leg in the current bull run that will bring new highs for…
After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike. Bitcoin Poised For 10% Jump Various analysts, like The Wolf of All Streets, Michael van de Poppe, and…
Creator of the popular Bitcoin price prediction chart “stock-to-flow”, PlanB, puts $135k target for BTC by December 2021. What Is The Bitcoin Stock-To-Flow Model? The BTC stock-to-flow (S2F in short) method is a price prediction model popularized by PlanB. S2F is based on the ratio between the stock (current supply) and the flow (annual production).…
PlanB, a popular name within the Bitcoin community, thanks to his Stock-to-Flow (S2F) model, has shared the latest discourse on X, igniting a flurry of excitement and speculation. This discourse particularly highlights BTC’s potential journey through successive halving cycles. PlanB’s analysis, deeply rooted in the S2F model, presents a narrative for Bitcoin’s future. This model scrutinizes…
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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants continue to speculate on whether the flagship crypto could fall below this psychological level if a full-blown bear market were to occur. Bitcoin Price Has Likely Turned $100,000 Into Support PlanB stated in an X…